The chief executives of Alphabet’s Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top administration officials to discuss key artificial intelligence (AI) issues on Thursday, said a White House official. The invitation seen by Reuters to the CEOs noted President Joe Biden‘s “expectation that companies like yours must make sure … Read more
President Joe Biden attended a White House meeting with CEOs of top artificial intelligence companies, including Alphabet‘s Google and Microsoft, on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally. Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing the public’s … Read more
The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday. In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment stablecoins, establish crypto market … Read more
The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday. In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment stablecoins, establish crypto market … Read more
The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday. In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment stablecoins, establish crypto market … Read more
As it sped into Crypto Week on Tuesday, the U.S. House’s process toward passing digital assets bills ground to a sudden halt over a procedural vote as members of the House Freedom Caucus objected to the way some of the legislation has developed under Senate dominance. The misfire on the procedural vote quickly slammed the … Read more
The U.S. House of Representatives’ so-called Crypto Week is steaming toward mid-week votes on two foundational pieces of legislation that would push the industry’s status forward significantly in the U.S., including what amounts to a final congressional action on regulating stablecoins. While that last necessary vote on the stablecoin bill known as the Guiding and … Read more
The US is looking to regulate its stablecoin market with comprehensive guidelines. This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The committee’s Digital Assets Subcommittee reportedly worked with Tether to draft these regulations, media reports claim. Tether is the … Read more
The US is considering rejecting the creation of a Central Bank Digital Currency (CBDC) through the Anti-CBDC Surveillance State Act. Unlike cryptocurrencies, a CBDC is a blockchain-based digital version of fiat currency issued and regulated by a central bank.Republican lawmakers, led by Congressman Tom Emmer, are pushing this bill to prevent financial surveillance of US … Read more